Dream 11, a fantasy gaming platform, has acquired the title sponsorship of the 2020 Indian Premier LeagueDream 11, a fantasy gaming platform, has acquired the title sponsorship of the 2020 Indian Premier League (IPL). In 2018, Vivo acquired the IPL title sponsorship for Rs 2,199 crore in a five-year deal. Accordingly, the company was paying the BCCI Rs 439.80 crore annually. Dream11 has been awarded the title sponsorship for Rs 222 crore, which means that the BCCI would be getting Rs 217.80 crore less from the IPL’s title sponsorship this year. Click here to join our channel (@indianexpress) and stay updated with the latest headlinesFor all the latest Explained News, download Indian Express App.

Source: Indian Express August 18, 2020 11:58 UTC